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Duo Nine ⚡ YCC

@DU09BTC

Mar 1, 2022 • 11 tweets • 7 min read • Read on X

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1/ The value proposition of #Bitcoin just became even more evident to a lot of people.

No wonder #BTC pumped over 30% since the Russian invasion a week ago!

The world it starting to quickly see that Bitcoin is a real solution to very real problems.

Here's why, a thread 👇

2/ The reactions to the war in Ukraine, including the Western sanctions, have highlight one MAJOR shortcoming of the current financial system.

Transactions and bank accounts can be FROZEN overnight and can be almost UNIVERSAL in their reach.

What does that mean? 👇

3/ Such actions impacted regular people, banks, a central bank, oligarchs, the rich in general and so on.

In one word, EVERYONE is at risk of losing ACCESS to their wealth in traditional finance.

Even Switzerland did it, a neutral country.

Examples next 👇

4/ Ukraine closed markets, halted electronic money, limited withdrawals.

Russia introduced capital controls. Visa/MasterCard disabled cards for users.

EU/CH froze 🇷🇺 central bank assets, companies assets and accounts of elite.

This never happened at this scale. What next? 👇

5/ There are some rich people in China, Saudi Arabia and may other places with a LOT of money at similar RISK.

Access and usage of traditional finance has been weaponized now! Oops. 😱

This is just the tip of the iceberg. Where does #Bitcoin fit in? 👇

6/ Politics aside, #Bitcoin solves a very big problem right now:

It provides unrestricted access to a system of payments and store of value that is censor resistant!!!

It allows ANYONE to transact, save and store value as they please.

Pieces are falling together now, no? 👇

7/ This is the MOST BULLISH realization possible for a lot of rich people around the world.

What will they do next? They will get exposure to #Bitcoin, LOTS OF IT.

BILLIONS of exposure. Just in case... 👇

8/ Even more striking, BTC has NOT changed since 2009, but suddenly its features come at a HUGE premium.

No one needed BTC in 2009 to transact, but in a post-2022 world, #BTC just became indispensable!

Plus, since 2009, adoption exploded making BTC a CREDIBLE alternative! 👇

9/ To me, these recent & unfortunate events, just kicked BTC adoption into a higher gear!

Crypto is here to stay and #Bitcoin's future seems set. Deniers and bears lost.

BTC will continue to be volatile, but this is gonna be quite a ride. Enjoy and stay in touch 👇

10/ If you liked this thread, #retweet the first post to get more of this content in the future! 😍

Stay in touch + follow:

Discord: bit.ly/3n2gng0
TradingView: bit.ly/3FUjwHj
YouTube: bit.ly/3p8vPdf
Newsletter: bit.ly/3BuXf13

Here's another example, just that now, it is the billionaires doing it.

https://twitter.com/GucciXBT/status/1267923363231485952?s=20&t=uGQhg2lJ8HRRtA9m6wpqFA

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More from @DU09BTC

Duo Nine ⚡ YCC

@DU09BTC

Nov 16

How to find the top in this cycle. A thread.

When you see these 10 signals flashing, it's time to bail. Signal 9 will tell you when to sell altcoins.

Bookmark this thread! Let's go. 1/12 🧵

2/ Signal 1: Terminal Price

Bitcoin price hits the red line? Sell hard.

Current terminal price is 170k.

This accounts for the movement of Bitcoin on-chain. @_Checkmatey_ invented this indicator.

3/ Signal 2: Stock-to-Flow Model

Start selling whenever the price moves above the stock/flow line.

That's above 150k today. Will be 200k later.

Either way, early 2025 looks like a prime period to sell.

Read 12 tweets

Duo Nine ⚡ YCC

@DU09BTC

Oct 27

Bitcoin is in trouble.

If nothing changes soon, things won’t be pretty.

I’m not talking about the halving schedule or block rewards, it’s much more serious than that.

A thread 1/17 🧵

2/ As Bitcoin goes mainstream, fees to transact on its network will replace block rewards.

This will be gradual and take place over decades. However, a new problem is starting to emerge.

It was harder to predict this, but now it’s here.

3/ The first incentive is to buy and hold Bitcoin. Nothing new so far.

However, we now have a bigger incentive. It has to do with you NOT using the real Bitcoin.

Intrigued?

Let’s look at the facts next and follow @DU09BTC before we continue.

Read 17 tweets

Duo Nine ⚡ YCC

@DU09BTC

Oct 11

If you hold Ethereum, you are in trouble.

Uniswap, an ETH dApp generating $500 mil / year in fees, just created its own L2. Now, those fees are reduced by 100x and go into Uniswap pocket.

Multiply this by 100x with other dApps and ETH's price will go to zero. A thread 1/12 🧵

2/ The reason Ethereum has value is because of its fees that generate demand for its native token.

At the time of this post, it costs over $10 for a simple token swap.

ETH is on borrowed time as users are rightfully ditching this expensive chain. Who's to blame?

3/ Vitalik and his team.

They decided to scale Ethereum via L2s, but in the process they are losing their users. A bit ironic considering L2s were meant to fix ETH's scaling problem.

As L2s proliferate and users move out, Ethereum faces an even bigger problem.

Read 12 tweets

Duo Nine ⚡ YCC

@DU09BTC

Oct 5

It took me 10 years in crypto to learn this - PART 3!

I'm offering you a shortcut so you don't have to wait that long.

The cycles repeat, but they are not the same.

Here's Part 3. A thread. (1/11) 🧵

2/ Since I started in 2014, I made many mistakes, but nothing compares to this one.

Buying altcoins.

But what did I know back then? Nothing. If you're new to crypto, learn from this thread.

What's my lost profit over the years thanks to alts?

3/ Over $1 million had I put that money in BTC and held. There is a reason I say this.

Altcoins are a losers game over time.

Bitcoin is a winners game over time.

Which game do you want to play? My next point will help sway you in the right direction.

Read 11 tweets

Duo Nine ⚡ YCC

@DU09BTC

Oct 1

Last night I was the victim of one of the most complex social engineering scams I've ever seen impersonating @paraficapital staff.

If you're in crypto, you are a target.

This thread will show you how they did it and if they succeeded. Time to find out - 1/15 🧵

2/ If you have any following they will target you. Their account will look spotless, clean text + X verified.

Ryan is a Principal of a billion dollar crypto company and sends you a DM on X, then he moves you to TG.

Your first priority is to confirm credentials. How?

3/ Ask a DM from their company X account or to send you an email using their official domain name.

Ryan was frustrated with my request, so he told me I need to do proper DD and see he's followed by almost all his Parafi team.

Instant red flag, but I decided to play ball.

Read 15 tweets

Duo Nine ⚡ YCC

@DU09BTC

Sep 29

It took me 10 years in crypto to learn this - PART 2!

I'm offering you a shortcut so you don't have to wait that long.

The cycles repeat, but they are not the same.

Here's Part 2. A thread. (1/12) 🧵

2/ Altcoins are highly extractive.

VCs print tokens from thin air with a cost basis of ZERO.

When there is any demand for their token, they sell and absorb that demand. This is how they take your money, legally.

This is also why your blue chip alt didn't make a new ATH.

3/ VCs don't care about their token price!

As long as there is any retail demand, they can sell into it at a profit. That includes tokens down by 90% to 99%.

Remember, their cost base is ZERO! While retail waits for new highs or buys "discounts", VCs laugh at you. See XRP.

Read 12 tweets

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